NOT LISTED FOR SALE
4 Beds
4 Baths
2,834 Sq Ft
5,798 Sq Ft Lot

Last Sold April 26, 2019

Last sale price $1,030,000 $363 Per Sq Ft

149 Days on Market

Highlights

  • Tile Countertops
  • Carpet
  • 3-minute walk to Emma Prusch Farm Park
  • Independence High School Rated A-

About This Home

As of April 2019

Great Investment Opportunity for investors with vision! FULLY OCCUPIED (Month to Month Lease) - No HOA - Good condition, low maintenance 4-Plex, very roomy 708 SQ FT. 1BR / 1BA. Each unit with attached cover parking spaces. Near 101, 280, 680, SJSU, shopping centers and is in a central location. Current market monthly rent can be $1,800 per unit. As Is Sale

Last Agent to Sell the Property

Duke Le

California Investments License #01726788 Listed on: 10/23/2018

Co-Listed By

ANNA LE

California Investments License #01755938

Last Buyer's Agent

Duke Le

California Investments License #01726788 Listed on: 10/23/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Lot Details

  • 5,798

Parking

  • 4 Car Garage

Home Design

  • Quadruplex
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 2,834 Sq Ft Home
  • 2-Story Property

Kitchen

  • Electric Cooktop
  • Tile Countertops

Flooring

  • Carpet
  • Laminate
  • Vinyl

Additional Features

  • 5,798 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $57,600

Community Details

Overview

Building Details

  • 4 Leased Units
  • Gardener Expense $600
  • Insurance Expense $1,200
  • Utility Expense $600
  • Trash Expense $1,800
  • Operating Expense $8,817
  • Gross Income $57,600

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

0

Parking

4

Listing Details

  • Zoning: C
  • Subclass: Fourplex
  • Age: 56
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2834
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Kitchen: Appliances - Vary By Unit, Cooktop - Electric, Countertop - Tile, Refrigerator
  • Living Sq Ft: 2834
  • Stories: 2
  • Flooring: Carpet, Laminate, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Block
  • Roof: Tile
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 4
  • Garage Parking Features: Attached Garage, Common Parking Area

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: East Side Union High

Lot Info

  • Lot Acres: 0.1331
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5800.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5800.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 19.79
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1200
  • Expense Landscape: 600
  • Expenses Total: 8817
  • Expenses Utility: 600
  • Expense Trash: 1800
  • Income Annual Gross: 57600.00
  • Income Annual Rental: 57600
  • Income Gross Scheduled: 57600
  • Income Includes: Rents
  • Meters: Separate Common Area, Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Maintenance, Services - Trash Removal
  • Tenant Expenses: Utilities - Electric, Utilities - Heating, Utilities - Hot Water, Utilities - Water

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2019 04/26/19 Sold $1,030,000 -9.6% $363 / Sq Ft
03/22/2019 03/22/19 Pending -- -- --
03/01/2019 03/01/19 Price Changed $1,139,800 -4.2% $402 / Sq Ft
01/17/2019 01/17/19 Price Changed $1,189,800 -0.8% $420 / Sq Ft
10/23/2018 10/23/18 For Sale $1,199,888 -- $423 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81728717

MLSListings

APN: 481-40-049